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leaders need to do and what the nation faces. >> reporter: nancy pelosi spent this veterans day mixing and mingling with people at the presidio. >> we have a deficit that we have to deal with. we have to do it with growth creation of jobs cuts we all know that also with revenue. >> reporter: she will be returning to capitol hill with plans to push a deal backed by president obama, that will include tax hikes on wealthier households. republicans have already started digging in. >> raising tax rates will slow our ability to create the jobs that everyone says they want. >> reporter: what are the consequences if lawmakers cannot make a deal? >> fiscal live is bad -- physical cliff is bad if it happens. >> reporter: if scheduled cuts are imposed 400,000 government jobs tied to defense spending could be slashed. 400,000 jobs tied to nondefense spending could be eliminated. when it comes to taxes, all rates are scheduled to rise. >> at one point we had higher taxes what we are talking about transitioning from low taxes to high taxes so the immediate effect is, everyone has less income and spe
it live here on abc7. another conference we are watching decision day for nancy pelosi, she will announce at 7:00 this morning our time, whether she will continue as house minority leader. some insiders believe it will be easier for president obama to negotiate with republicans if the 72-year-old congresswoman is out of the picture. >>> 5:38. did you like the weather yesterday? >> yeah, i thought i was nice. >> if you define nice as warm, we'll turn it up a notch more. >> let's find out from mike what it is going to be like. >>> good morning. cloud cover out there on live doppler, no radar returns, little fog developing still around santa rosa, rest of us are fine this morning. as far as temperatures, still in the 40s and 50s with half moon bay down to 57, 54 in san francisco, 56 in oakland, 45 in san jose one of the cooler spots close to 30s fairfield, 40° right now, 41 napa and santa rosa, high clouds and sun just like yesterday, temperatures above average from the 40s and 50s at 7:00 low to mid 50s lunchtime upper 60s to low 70s 4:00 upper 50s to low 60s light jacket weather during th
to avoid going over the fiscal cliff? coming up on abc's "this ""nancy pelosi gives a definitive answer to martha raddatz. don't miss it coming up here on abc7. >>> bay area food banks are taking a thanksgiving turkey shortage. second harvest food bank of santa clara county received some help yesterday. branch of the el camino owners association donated over three quarters of a ton of turkeys. they loaded up classic cars to make the delivery. >> today we were able to gather 1538 pounds ever turkey we donated to the second harvest food bank. >> just like the rain started and starting opening up, the gifts have been coming in today. it's been a fantastic day. >> food bank officials tell us they are still short of food and money this thanksgiving season, but they say this donation should make it easier to reach their goal. >>> volunteers also accepted donations at the pennsylvania avenue bear house in san francisco yesterday as well as the marin food bank. beginning this thursday the san francisco food bank is short 1700 turkeys. that's more than half the birds it needs for this year's tra
Search Results 0 to 2 of about 3